Svrluga Foundation in Hingham, Massachusetts (MA)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Other organizations in Massachusetts
| Svrluga Foundation | |
| Employer Identification Number (EIN) | 043138383 |
| Name of Organization | Svrluga Foundation |
| In Care of Name | Seragen Inc |
| Address | 111 Hms Fitzroy Dr Ste 412, Hingham, MA 02043-1659 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 11/1992 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2012 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $1,000,000 to $4,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $2,710,409 |
| Amount of Income | $1,409,401 |
| Form 990 Revenue Amount | $63,386 |
Non-representatives - add comments:
Revenue for 2012
Expenses for 2012
Assets for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $90,898 | $91,151 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $23,320 | |||
| Dividends and interest from securities | $67,831 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $177,517 | $18,025 | $0 | $159,492 |
| Compensation of officers, directors, trustees, etc. | $36,000 | |||
| Total operating and administrative expenses | $69,639 | $18,025 | $51,614 | |
| Contributions, gifts, grants paid | $107,878 | |||
| Excess of revenue over expenses and disbursements | $-86,619 | |||
| Net investment income | $73,126 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $2,710,409 | $2,839,240 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $1,132,214 | |
| Investments-corporate stock | $1,394,133 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $184,062 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $2,710,409 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $-253 |
| Excise Tax Based on Investment Income (for 2012) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $731 |
| Total credits and payments | $1,194 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $1,194 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $0 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $463 |
| Amount to be credited to 2013 estimated tax | $463 |
| Statements Regarding Activities (for 2012) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | Yes |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $2,791,218 |
| Net value of noncharitable-use assets | $2,749,360 |
| Minimum investment return | $137,468 |
| Distributable Amount (for 2012) | |
| Distributable amount | $136,737 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $136,737 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $0 | $0 | $0 | $0 | $0 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
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| Other organizations in Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Sunderland Road Community House Inc | C/O 34 Mechanic Street, Worcester, MA 01608 | MA | 1971-08 | $91,879 |
| 2 | Supportive Living Inc | 400 W Cummings Park Ste 6100, Woburn, MA 01801-6512 | MA | 1991-09 | $449,088 |
| 3 | Supreme Judicial Court Historical Society | One Pemberton Square Ste 4200, Boston, MA 02108-1706 | MA | 1995-05 | $49,586 |
| 4 | Survivors Of Unexpected Loss | 382 First Parish Rd, Scituate, MA 02066-3313 | MA | 2008-08 | $3,590 |
| 5 | Susan And Barry Tatelman Family Foundation, Tatelman Barry E Co-Ttee | 9 Arlington St Apt 1, Boston, MA 02116-3413 | MA | 2002-04 | $1,103,997 |
| 6 | Susan F Schiro And Peter J Manus Foundation, Schiro Susan F Ttee | 40 Hawthorn Rd, Brookline, MA 02445-7730 | MA | 1993-03 | $1,042,795 |
| 7 | Sustainable Step New England | 70 Lynde Street, Melrose, MA 02176 | MA | 2000-01 | $0 |
| 8 | Sutton Athletic Booster Club Inc | PO BOX 732, Sutton, MA 01590-0732 | MA | 2007-02 | $48,959 |
| 9 | Sutton Home For Aged Women | 7 Sewall St, Peabody, MA 01960-5516 | MA | 1935-02 | $311,533 |
| 10 | Sutton Soccer Club Inc | 49 Berwick St, Worcester, MA 01602-1442 | MA | 1979-02 | $310,228 |
| 11 | Svrluga Foundation | 111 Hms Fitzroy Dr Ste 412, Hingham, MA 02043-1659 | MA | 1992-11 | $1,409,401 |
| 12 | Swampscott Patrons Of Perfoming Students Inc | 12 Elwin St, Swampscott, MA 01907-1015 | MA | 2005-06 | $5,732 |
| 13 | Swampscott Public Library Investment Tr | 61 Burrill St, Swampscott, MA 01907-1913 | MA | 2006-02 | $23,407 |
| 14 | Swampscott Rotary Charitable Trust | PO BOX 36, Swampscott, MA 01907-0036 | MA | 2002-03 | $59,223 |
| 15 | Swanee Hunt Family Foundation | 625 Mt Auburn St, Cambridge, MA 02138-4555 | MA | 1989-04 | $8,071,185 |
| 16 | Swartz Foundation Inc | 3 Woods End, Needham, MA 02492-1482 | MA | 1999-11 | $1,393 |
| 17 | Sweet Adelines International, Metrowest Harmony Chorus | 330 Sunderland Road Unit 37, Worcester, MA 01604 | MA | 2014-10 | $0 |
| 18 | Swifty Auto Mall Inc | 56 Warren Street No 200, Roxbury, MA 02119-3236 | MA | 1998-07 | $160,575 |
| 19 | Swim Across America Inc | 1 International Pl Ste 4600, Boston, MA 02110-2621 | MA | 1993-08 | $6,029,543 |
| 20 | Sword And Spoon Foundation, John Kingston Iii Et Al Ttee | 16 Chestnut St, Winchester, MA 01890-3019 | MA | 2008-08 | $2,101,844 |
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